MUMBAI, Feb 2 (Reuters) - India guar futures reversed early
losses to end higher Monday on improving export demand,
dwindling arrivals and buying at lower levels, analysts said.
Daily average arrivals have halved from a month ago to
10,000 bags of 100 kg each.
Spot prices fell by 12 rupees to 1,563 rupees per 100 kg in
Bikaner, a major trading centre.
"Export demand is improving but big size orders are yet to
come," explained an analyst with Bonanza Commodity Brokers Pvt
Ltd.
Combined open interest in guar seed futures stood at
222,720 tonnes on Monday, while volume traded was at 156,560
tonnes.
Source : REUTERS INDIA